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Very long and there is something out of the syllabus in the mandatory question ( not included in study text as well as my lecture notes ) i.e, “building” and “monitoring” CFSs (What are these terms?)
The calculation is oke, not hard, quite simple and easy to get mark- Topics: 0
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Paper was fairly ok……..could attempt all the questions……..Q1 was a bit tricky though……..there were 3 questions tht had been taken out of technical articles……EVA, Z Score and dont remember the third one……..
Overall, way better thn P4…….
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i wrote alot for the 1st question. hoping to get a pass by then. have not got time to finish the whole paper. but i did write for those parts that i know how to do. was not expect on full writing question on Q1. shocked to see ABC in Q2 for i read nothing on it! expect budgets but nothing of it came. expected Beyond Budgeting and it came but i am running out of time to write more.
Overall, the paper was harder than what i expect. too much writing, thinking and common sense. Imagine writing P4 and P5 in two consecutive days. my hand is still aching now.
I tried my best and hope to get a pass! 🙂
@screggle said:
I’m pretty certain I’ve f***** this one right up! This paper was TOTALLY different from previous papers and I know if you have learnt everything then that shouldn’t really be an issue but I’m sure the BPP taught course focus is driven by past papers and from my memeory we only really covered about a third of the paper.I was hoping that most pepople felt the same so that the marking would be more lenient, but it appears that most people on here found it to be OK, so seems like there is a good chance of me faling.
I didnt feel it was an easy paper. the exam is way too long for the 3 hours and most of it was not from the syllabus. I do not understand how can people say it was ok and fair! Anyways please give ur feedback on ACCA website, may be the marking will be lean then.
Hi Guys – if you feel that the paper was way too lenghthy for the 3 hours limits and it was not covering the main topics in the syllabus then please fill in your feedback on ACCA website and provide your commments. Hopefully the marking will be lean and fair and may be we get a pass! Please ask everyone you know to do the same.
https://www.accaglobal.com/allnews/students/2010/NEWSQ4/News/3381129
Agree with comments above stating that very specific parts of the course are allocated large percentages in the exam. Wish I’d studied the ACCA articles more. When i think about all those past exam questions I did for nothing….
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OMG… as I opened the paper I wished I could leave the exam room I even contemplated putting down my head and just not attempting at all.
I completed level 2 before the change in syllabus so I have no clue what F5 has in it… I know for a fact the BPP P5 text does not have much about ABC calculators, nor CSFs and PIs so I hope that my memory serves and creative writing succeeds.
Good luck for Feb 22nd
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The paper was so horrible, this examiner is cruel I’m telling u…. There is no way a person can ask so comfusing questions like this….Ohhh!!!!! ol Questions were so demanding 4 3 hours…..
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I was surprised by the new style of paper overall. This paper was totally different and harder from previous papers. How hard I have tried for the calculations and practiced myself of the budgeted income statement also useless in this sitting. I aware there is less calculation whereby the new examiner has stated his thought in the examiner approach that more discursive question will be focused on. But cannot expected so much theories been tested. This is the style of the new examiner!
I tried my best and hope to get a pass!!To be quite honest ACCA had to change the examinator for June 2011. Especially there are some changes to the topics within P5. They had to run proper pilot paper and give enough guidance to BPP/Kaplan to reflect the changes in their course notes and book’s context.
I have tried to do my best, and hope for the best!
Good luck to all of us!!!
P.S. Also I left feedback on the ACCA website as mentioned above posts.- Topics: 0
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It was terrible! I don’t understand how ACCA, as an professional institution, can allow the form of the exams to be changed every time the examiner is changed?! Isn’t acca the one who should determine the form of the exam and the questions, no matter who examiner is?! It is not professional to just say:”the new examiner style”!! So we are all little animals which can be so manipulated?
If this was not my last exam, I would given up, as acca really disappointed me….
great Christamas present!- Topics: 0
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The new examiner is indeed cool, one would enjoy writting this paper for the first time. this being the case, then i count myself thru with acca exams. alex keep it man. love you.
Hi All – lets do something positive and that will make a change by leaving all the comments that were mentioned on here to ACCA Feedback site
https://www.accaglobal.com/allnews/students/2010/NEWSQ4/News/3381129
The only hope to pass is by letting ACCA know that the Exam was not well structured and hopefully they will take this into account when marking our answers.
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people who can pass this paper must with lots of commerical sense and good analysis skiils, otherwise it would be a disaster.
I was dissapointed to see the whole calculation part literally being wiped out. This paper should be renamed Business Analysis 2. I mean we did sit business analysis!! Why have a paper that is exactly like it. Does not make much sense. I will not call this a traditional management accounting paper.
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Overall, i thought that the paper was fair but really lenghtly…..I had a bit of trouble Q2 and wasnt expecting so much written elements., anyways hoping for 50%
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i guess a fair paper. You just need to go through the technical article to pass the paper as almost all the questions were covered in them. If only i concentrated more those, a pass would be guaranteed. Waiting for the result. hoping to make it!!
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I think this was a fair paper…Good testing of theory and analysis skills. I definitely agree that it was quite a time constrained paper.
The key is rationing of time, and when time for a quest is expired..you MUST move onto the next quest…whether you would have liked to write more to complete your previous answer or not.
Anxiously awaiting results…keeping fingers crossed.
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@timo1901 said:
Hi All – lets do something positive and that will make a change by leaving all the comments that were mentioned on here to ACCA Feedback sitehttps://www.accaglobal.com/allnews/students/2010/NEWSQ4/News/3381129
The only hope to pass is by letting ACCA know that the Exam was not well structured and hopefully they will take this into account when marking our answers.
Well said Timo, lets let the ACCA know exactly how we feel about this, this exam was a joke. I have moved to Sydney where there are no ACCA classes so we have to study by going through the book and mainly using past exam questions, I may as well of stayed at home.
I know that everything that came up was on the syllabus but the lack of warning about how drastically different the exam would be is where i have a problem..
Hopefully they will review this but iv a feeling nothing will be done.
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This infact is what I expected, the new man showed that he is not interested in the calculations. the only surprise was in question 1, though I still believe I scored more than half on it. The paper was fair, I dont think I will ever pass P5 if I didnt pass this one.
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I thought this was a very fair paper and covered a number of areas.
I still don’t know however what Value Based Management is and I think Q1 was a bit woolly but the optional questions were not that bad.
Can anyone remember what costings they got for the absorption costing v’s the Activity Based Costing. I am sure I got £51k for the abc and £59k for the absorption incl the 45% mark up! Did anyone get similar and did you also get EVA as a good positive figure for both years??
Cheers and hopefully the results will be good in 10 weeks!- Topics: 0
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Not a good paper for me at all. Though it brings no comfort to me, it gives some sense of relief to hear most of you say that Q1 was an unfair question and that it appears to be more P3. That was my feeling from the very beginning but eventually blamed myself that I was under prepared. I have not done P3 as yet but had started to look through the notes for next time around and remember seeing something on CSF. After my P5 exam, I went to opentuition notes and saw nothing on CSF. I then turned to BPP text and found only one sentence on CSF in the entire book (not the most recent text). Furthermore, I searched for the technical article that someone mentioned and could not find any. To have a full question on CSF for P5 (31 marks, the highest on the paper) is rediculous and unfair to us as students.
@terryann1 said:
Not a good paper for me at all. Though it brings no comfort to me, it gives some sense of relief to hear most of you say that Q1 was an unfair question and that it appears to be more P3. That was my feeling from the very beginning but eventually blamed myself that I was under prepared. I have not done P3 as yet but had started to look through the notes for next time around and remember seeing something on CSF. After my P5 exam, I went to opentuition notes and saw nothing on CSF. I then turned to BPP text and found only one sentence on CSF in the entire book (not the most recent text). Furthermore, I searched for the technical article that someone mentioned and could not find any. To have a full question on CSF for P5 (31 marks, the highest on the paper) is rediculous and unfair to us as students.No you not the only one to feel the exam was unfair, too long and a complete joke ! i get more angry when i see people saying that it was ok and the examiner is good !! i think they probably done P3 which I haven’t yet thats y i struggled. Anyways please leave your feedback on ACCA website to get a better marking, hopefully!
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Had not really focused too much study on this exam, as I will be sitting P2 on Tuesday and struggling to fit it all in.
I was hoping for more theory than calculations for P5 – as I did not have to sit F5 because I started studying for ACCA under the old syllabus, so was quite worried about calulations. I passed P3 last June and hoped this knowledge will help. Went into the exam thinking I had no chance, but am quietly hopeful now.
Good luck to everyone!
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